The secret to resilience in tough times according to CPL, Papua New Guinea’s largest retailer

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Many business have reported the current business climate in PNG as ‘quiet’, with some saying income is down about 20 per cent. How has CPL fared? Business Advantage PNG talks to CEO, Ravi Singh.

Entrepreneur: Coconut product manufacturer, Ernestine Maxtone-Graham

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Domestic and global demand for coconut products will see Papua New Guinea producer relocate, expand and create new lines. The Director of MaxtoneHaus, Ernestine Maxtone-Graham, talks to Business Advantage PNG.

In brief: Newcrest sells Hidden Valley stake to Harmony and other business news

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Newcrest Mining sells its Hidden Valley stake to Harmony Gold, group marketing of coffee exports to South Korea and an agreement to ban harmful fisheries subsidies. Your weekly digest of the latest business news.

People moves: Nambawan Super, CPL Group

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A new Chief Financial Officer at Nambawan Super, and board re-appointments at City Pharmacy Group

Papua New Guinea’s economy under pressure but fighting back

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Global and domestic factors have combined to slow Papua New Guinea’s economy. However, as Andrew Wilkins discovers, the Pacific nation’s business leaders are still confident about its future prospects.

In brief: manufacturing affected by downturn in the economy and other business stories

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Manufacturing affected by downturn in economy, Japanese International Co-operation Agency ready to start Lae-Nadzab Development Project and CPL’s profit comes in at K6.5 million. Your weekly digest of the latest business news.

Business literacy skills and access to markets essential if Papua New Guinea SMEs are to develop, say business leaders

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Boosting business literacy skills and opening up access to markets are at the heart of a successful SMEs policy for PNG, two influential business leaders tell Business Advantage PNG.

Papua New Guinea business getting serious about eliminating gender violence

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There has been a significant change in attitude towards how Papua New Guinea businesses can contribute towards eliminating gender violence in the country in the past year. Business Advantage PNG looks at the innovative program being run by one of country’s leading landowner companies, Anitua.

In brief: Oil Search rejects Woodside takeover bid as ‘highly opportunistic’, and other business stories

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Analysts predict Woodside will up its takeover offer for Oil Search, Business leader estimates K1.5 billion in foreign currency waiting for processing, and NZ re-opens its trade office in Port Moresby. Your weekly digest of the latest business news.

Review: upgraded Air Niugini Paradise Lounge at Jacksons International Airport

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Weary business travellers will be delighted to discover facilities at Port Moresby’s Jacksons International Airport have received quite an upgrade recently, and none more so than Air Niugini’s new-look Paradise Lounge. Business Advantage PNG takes a look.